Ideal Buy-to-Let Investment in Trendy Quarter: 3-Bedroom Flat with South-Facing Balcony
12053 Berlin - Neukölln
Condo nr: 2053-7
Built in: 1977
Rent: 525,06 €
3 Rooms | 73.64 m² | 276.900,00 €
Type of heating: Central heating
Type of energy source: District heating
Type of energy pass: Consumption certificate
Energy specific value: 105.30 kWh/m²a
Energy with hot water: No
Energy efficiency class: D
Certificate valid until: 05.05.2030
Herr Ralf Kesser
Nestled into a line-up of classic period buildings, you will find a modest building more recently built at Kopfstrasse 20. It cleverly picks up on the lines of the neighbouring houses as if to demonstrate that even during the second half of the 20th century, people know how to integrate modern architecture proportionately and sensitively into historic structures. At the same time, it does match the style of its day and age - for instance, with its partial brick façade or the black round-end shingles below the roof - and thus blends into the overall aesthetics while making its own mark.
The house divides into ten flats spread across five storeys and accessed either by stairwell or lift. All of the flats consist of three bedrooms on around 73 to 83 square metres of dwelling floor area. Most of the bathrooms are equipped with tubs.
The flats on the uppers floors all have the use of a balcony on the yard side. The two ground-floor flats open onto patios facing the garden and come with corresponding special use rights. It is the perfect spot for residents to sit out in the sun, because the rear of the building faces south. To give even the youngest residents a chance to take advantage of it, a playground was installed in the courtyard.
Virtually all flats are tenant-occupied. Some of the flats are refurbished. These were fitted with laminate floors and modern floor tiles, while the tub-equipped bathrooms were upgraded. New doors and windows were also installed.
Each unit has its own designated basement storage locker. By contrast, the bicycle storage room in the basement is shared by all residents. The building is heated by district heating.
Example Apartment: https://youtu.be/aMzV2x7A3vQ
Over the past decade, Neukölln underwent a veritable boom cycle, evolving into one of Berlin’s trendiest boroughs. When the districts of Mitte, Prenzlauer Berg and Kreuzberg had been largely tapped and appeared to be exhausted, the hip and party scene shifted its focus to Neukölln and soon realised its potential. Moving south from neighbouring Kreuzberg, it soon conquered the district’s night-life, gradually blurring the boundaries between the two districts. Things began to merge to the point where the two have now become virtually indistinguishable. The development since then is neatly captured in the portmanteau -Kreuzkölln-, a moniker merging the two district names.
These days, the subtle scent of organic bakers and coffee roasters wafts past designer boutiques and fair-trade stores. Yet neighbourhood life has valiantly stood its ground. Local colour and Oriental vibrancy have actually enhanced the authentic charm of an area that is quite unique, even by Berlin standards. Neukölln has long turned into a trendy hotspot, and the fact has seriously boosted its status, elevating it to that of an attractive residential neighbourhood. There is nothing to suggest this trend might end any time soon, not least because the district still harbours plenty of potential.
At this time, there is an opportunity at Kopfstrasse 20 to invest in this progressive development or to move to this up-and-coming neighbourhood yourself. The infrastructure of the surrounding area features anything you can think of and provides everything that makes day-to-day living in a metropolis not just colourful and diverse, but liveable as well: day nurseries, schools and countless playgrounds, public indoor pools, sports and leisure parks, health food stores, grocery stores and shopping malls. Moreover, the side-street location of the house is a boon.
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